How much house $1 million buys you in Morristown
The number of American houses worth $1 million is at an all-time high, as home prices continue to hit new records.
While million-dollar homes are out of reach for the vast majority of Americans, they are no longer just being bought and sold by the ultra-wealthy. In San Francisco, the median-priced home sells for more than $1.6 million – far above the national median of $441,000. Meanwhile, in Detroit, $1 million listings are rare.
Today, there are only seven major metros where a luxury home — valued in the top 5% of homes — costs less than $1 million, compared to 30 just five years ago.
"The $1 million mark used to signal true luxury; now, in many parts of the country, it simply means the price of a typical home," said Jonathan Huffer, a Redfin Premier agent specializing in luxury properties in Palm Beach, Florida. "It's a reflection of how dramatically home prices have risen, especially in coastal markets where million-dollar listings have become the norm rather than the exception."
So, are you wondering what $1 million buys in today's market? Redfin Real Estate pulled from its listings to see how far it goes in Morristown. Listings between $500,000 and $1,000,000 were included.
2341 Ridgeline Ct, Morristown
- Price: $999,000
- 4 bedrooms, 4 bathrooms
- Square feet: 3,646
- Price per square foot: $273
- See 2341 Ridgeline Ct, Morristown on Redfin.com
1182 Murrell Rd, Morristown
- Price: $960,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,370
- Price per square foot: $284
- See 1182 Murrell Rd, Morristown on Redfin.com
5220 Aspen Ave, Morristown
- Price: $950,000
- 5 bedrooms, 5 bathrooms
- Square feet: 5,540
- Price per square foot: $171
- See 5220 Aspen Ave, Morristown on Redfin.com
1537 Kimberly Dr, Morristown
- Price: $925,000
- 2 bedrooms, 3.5 bathrooms
- Square feet: 5,555
- Price per square foot: $166
- See 1537 Kimberly Dr, Morristown on Redfin.com
617 Landen Cir, Morristown
- Price: $859,500
- 6 bedrooms, 4.5 bathrooms
- Square feet: 3,370
- Price per square foot: $255
- See 617 Landen Cir, Morristown on Redfin.com
3083 Waters Edge Dr, Morristown
- Price: $849,999
- 3 bedrooms, 3 bathrooms
- Square feet: 2,518
- Price per square foot: $337
- See 3083 Waters Edge Dr, Morristown on Redfin.com
623 Landen Cir, Morristown
- Price: $839,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,300
- Price per square foot: $254
- See 623 Landen Cir, Morristown on Redfin.com
4119 Azalea Ct, Morristown
- Price: $824,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,717
- Price per square foot: $303
- See 4119 Azalea Ct, Morristown on Redfin.com
1604 Morningside Dr, Morristown
- Price: $788,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,235
- Price per square foot: $243
- See 1604 Morningside Dr, Morristown on Redfin.com
721 E 1st St N, Morristown
- Price: $785,000
- 7 bedrooms, 5 bathrooms
- Square feet: 6,333
- Price per square foot: $123
- See 721 E 1st St N, Morristown on Redfin.com
941 Heykoop Drive Dr, Morristown
- Price: $749,900
- 6 bedrooms, 3.5 bathrooms
- Square feet: 6,509
- Price per square foot: $115
- See 941 Heykoop Drive Dr, Morristown on Redfin.com
1035 Panther Creek Rd, Morristown
- Price: $725,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,685
- Price per square foot: $196
- See 1035 Panther Creek Rd, Morristown on Redfin.com
1086 St Ives Ct, Morristown
- Price: $699,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,815
- Price per square foot: $183
- See 1086 St Ives Ct, Morristown on Redfin.com
4537 Horseshoe Trl, Morristown
- Price: $674,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,794
- Price per square foot: $177
- See 4537 Horseshoe Trl, Morristown on Redfin.com
3099 Bridgewater Blvd, Morristown
- Price: $654,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,134
- Price per square foot: $306
- See 3099 Bridgewater Blvd, Morristown on Redfin.com
4720 Horseshoe Trl, Morristown
- Price: $649,900
- 5 bedrooms, 5 bathrooms
- Square feet: 3,750
- Price per square foot: $173
- See 4720 Horseshoe Trl, Morristown on Redfin.com
4110 Harbor View Dr, Morristown
- Price: $649,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,100
- Price per square foot: $309
- See 4110 Harbor View Dr, Morristown on Redfin.com
3083 Bridgewater Blvd, Morristown
- Price: $649,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,016
- Price per square foot: $322
- See 3083 Bridgewater Blvd, Morristown on Redfin.com
1031 Hickory View Dr, Morristown
- Price: $635,000
- 5 bedrooms, 3 bathrooms
- Square feet: 4,850
- Price per square foot: $130
- See 1031 Hickory View Dr, Morristown on Redfin.com
2657 Lakemoore Dr, Morristown
- Price: $630,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,532
- Price per square foot: $178
- See 2657 Lakemoore Dr, Morristown on Redfin.com
4153 Harbor View Dr, Morristown
- Price: $630,000
- 2 bedrooms, 3 bathrooms
- Square feet: 2,667
- Price per square foot: $236
- See 4153 Harbor View Dr, Morristown on Redfin.com
512 Shea Ct, Morristown
- Price: $629,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,326
- Price per square foot: $270
- See 512 Shea Ct, Morristown on Redfin.com
4705 E Hampton Blvd, Morristown
- Price: $599,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,604
- Price per square foot: $230
- See 4705 E Hampton Blvd, Morristown on Redfin.com
1051 Hickory View Drive Dr, Morristown
- Price: $599,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,800
- Price per square foot: $157
- See 1051 Hickory View Drive Dr, Morristown on Redfin.com
3183 Bridgewater Blvd, Morristown
- Price: $595,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,035
- Price per square foot: $292
- See 3183 Bridgewater Blvd, Morristown on Redfin.com
2308 Mcbride Rd, Morristown
- Price: $594,999
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,071
- Price per square foot: $193
- See 2308 Mcbride Rd, Morristown on Redfin.com
3187 Bridgewater Blvd, Morristown
- Price: $590,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,956
- Price per square foot: $302
- See 3187 Bridgewater Blvd, Morristown on Redfin.com
1710 Morningside Dr, Morristown
- Price: $585,000
- 5 bedrooms, 4.5 bathrooms
- Square feet: 4,150
- Price per square foot: $140
- See 1710 Morningside Dr, Morristown on Redfin.com
276 Lochmere Dr, Morristown
- Price: $575,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,134
- Price per square foot: $183
- See 276 Lochmere Dr, Morristown on Redfin.com
1626 Cardinal Drive Dr, Morristown
- Price: $574,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,016
- Price per square foot: $190
- See 1626 Cardinal Drive Dr, Morristown on Redfin.com
$1 million dollar homes in major cities around the country
215 W Illinois St Unit 2B-2C, Chicago
- Price: $1,000,000
- 3 bedrooms, 3 bathrooms
- Square feet: 4,396
- Price per square foot: $227
- See 215 W Illinois St Unit 2B-2C, Chicago on Redfin.com
5435 Preston Fairways Cir, Dallas
- Price: $1,000,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 4,392
- Price per square foot: $227
- See 5435 Preston Fairways Cir, Dallas on Redfin.com
2956 W Avenue 35, Los Angeles
- Price: $1,000,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,662
- Price per square foot: $601
- See 2956 W Avenue 35, Los Angeles on Redfin.com
6049 SW 165th Ave, Miami
- Price: $1,000,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,153
- Price per square foot: $317
- See 6049 SW 165th Ave, Miami on Redfin.com
206 E 95th St Unit 12B, New York City
- Price: $1,000,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,001
- Price per square foot: $999
- See 206 E 95th St Unit 12B, New York City on Redfin.com
3070 61st Ave SW, Seattle
- Price: $1,000,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,670
- Price per square foot: $598
- See 3070 61st Ave SW, Seattle on Redfin.com
